Rio Cristal Resources Corporation (CVE:RCZ) announced that it has completed a non-brokered private placement of 38,636,450 units of the Company at the price of US$0.085 per Unit, each Unit consisting of one common share and one-half warrant for total proceeds of US$3,284,098.
Read the full article: "Rio Cristal Resources Completes US$3,284,098..."
Tuesday, August 31, 2010
First Metals Inc. (TSE:FMA) announced that the Corporation has received a forbearance from the majority of bond holders until November 1st, 2010 allowing debt restructuring discussions to progress and continued discussions with Kaskattama Inc.
Read the full article: "First Metals Inc. Receives Indenture Default..."
Tuesday, August 31, 2010
Romios Gold Resources Inc. (CVE:RG) announced that it placed 2,000,000 units on a flow-through basis priced at $0.15 per FT Unit for gross proceeds of $300,000. Each FT Unit consists of one (1) flow-through common share and one-half of a share purchase warrant.
Read the full article: "Romios Announces Closing of a Flow-Through..."
Tuesday, August 31, 2010
Canada is the third largest copper producer in the world, after Chile and the USA. In Canada, copper is always produced in conjunction with another metal, most often as a co-product with nickel, zinc, lead, gold and molybdenum.
Read the full article: "Copper Mining in Canada"
Tuesday, August 31, 2010
Tarsis Resources Ltd. (CVE:TCC) reports assay results from its completed diamond drilling program at MOR property, southern Yukon. Two holes totaling 443.83 meters were drilled by Top Rank Diamond Drilling under the supervision of Archer Cathro & Associates (1981) Limited. Drilling intercepted massive, semi-massive and heavily disseminated sulphides. For complete news release, click here. For Tarsis company profile, click [...]
Read the full article: "Tarsis Drills 0.71% Copper and 0.41 g/t Gold..."
Monday, August 30, 2010
Bloomberg.com reported on Copper gains most in a month as equities rise:
Read the full article: "Copper gains most in a month as equities rise"
Monday, August 30, 2010
Tamerlane Ventures Inc. (CVE:TAM) announced a net loss of $747,919 or $0.01 per share for the six months ending June 30, 2010, compared to a net loss of $814,156 or $0.01 per share in the same period of the prior year.
Read the full article: "Tamerlane Reports Second Quarter 2010..."
Monday, August 30, 2010
AQM Copper Inc. (CVE:AQM) announced continuing positive drill results from the Zafranal project located in the northwestern extension of Peru’s Southern Porphyry Copper Belt near the city of Arequipa.
Read the full article: "AQM Copper Inc. Intersects 116m of 0.80% Cu..."
Monday, August 30, 2010
Abacus Mining & Exploration Corp. (CVE:AME) announced that it has agreed to grant 1,720,000 incentive stock options at a price of $0.19 per share for a period of five years.
Read the full article: "Abacus Mining & Exploration Corporation:..."
Friday, August 27, 2010
Virgin Metals Inc. (CVE:VGM) announced that its shareholders approved a resolution authorizing the consolidation of its common shares on a one (1) for five (5) basis at its Annual and Special Shareholders Meeting that was held on Thursday August 26, 2010.
Read the full article: "Virgin Metals Inc.: Announces Approval of..."
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Tuesday, August 31, 2010